05:51 PM EDT, 09/16/2025 (MT Newswires) -- NanoVibronix ( NAOV ) reported Tuesday direct offering of 291,204 shares of its common stock or equivalents at a price of $7.01 per share, to raise around $2 million.

The medical technology company plans to use net proceeds from the offering for repayment of certain outstanding debt and redemption of certain outstanding preferred stock, it added.

The offering is expected to close on Wednesday.